BCM METRICS

OCTOBER 14, 2021

Extreme weather is making power outages more frequent, and work from home has not made the issue go away. government has concluded that climate change and extreme weather are raising the incidence of power outages. The post Powering On: How to Be Ready for a Power Outage appeared first on BCMMETRICS. Meanwhile, […].

Outage 83

Outage Government Continuity Planning Mitigation 83

MHA Consulting

DECEMBER 15, 2022

Read on to learn about the BCM year in review. It’s the best way to get a handle on the organization, its culture, what their most important business processes are, the threats they face, and the current state of their BCM program. There’s a lot to be said for ruthless efficiency when it comes to BCM. A new focus on efficiency.

BCM 52

BCM Business Continuity Disaster Recovery Outage 52

MHA Consulting

FEBRUARY 2, 2023

Follow these seven steps to implement a BC strategy that can help you swiftly recover your business processes in the event of an outage. Related on MHA Consulting: BCM Basics: Modern IT/DR Strategies The Benefits of a Sound Business Continuity Strategy A solid BC strategy is a fundamental component of a functional BC program.

Business Continuity 83

Business Continuity BCM Disaster Recovery Outage 83

MHA Consulting

MARCH 23, 2023

FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. For this reason, it is often referred to as the Gold Standard of BCM standards. The Gold Standard FFIEC is the most aggressive standard in the U.S. marketplace.

BCM 71

BCM Impact Analysis Business Continuity Banking 71

MHA Consulting

NOVEMBER 30, 2023

A company that has suffered an outage or disruption for any reason, and which is in the process of recovering its systems and operations, is at a heightened level of vulnerability to every type of event. Outages can also impact remote workers, so there will likely be recovery measures pertaining to those workers. Risk assessment.

Security 82

Security Outage Vulnerability Cybersecurity 82

MHA Consulting

NOVEMBER 3, 2022

The scenario was, “A regional internet outage has occurred; you have no internet access to the outside world. However, we’re finding that with ransomware, network outages, and all the rest of our contemporary challenges, the need to have documented, tested manual workaround procedures is greater than ever. I wish them the best.

Outage 52

Outage BCM Internet Healthcare 52

MHA Consulting

MARCH 9, 2023

Related on MHA Consulting: Top 10 Resources to Help You Become a BCM Ninja Why the BIA Is Important The business impact analysis or BIA is one of the topics Richard Long and I write about the most here on “Roadmap to Resiliency.” In today’s post, we list, link to, and describe MHA’s best BIA resources.

Impact Analysis 86

Impact Analysis BCM Consulting Business Continuity 86

everbridge

OCTOBER 12, 2021

Take, for example, an IT outage due to a cyberattack. Furthermore, a plan needs to be available to guide employees through a Plan B if an outage occurs. How Everbridge’s BCM Tools Can Help With Disaster Recovery. According to Gartner , the average cost of IT downtime is $5,600 per minute.

Disaster Recovery 131

Disaster Recovery BCP Continuity Planning Outage 131

MHA Consulting

JUNE 22, 2023

Sorting out such problems can take hours if not days, an expensive proposition if the issue is prolonging an outage. This can be crippling during an outage. We frequently see organizations suffer unneeded impact from outages because their staff have not been trained and prepared to implement the designated response procedures.

Vulnerability 82

Vulnerability Outage Capacity BCM 82

MHA Consulting

MARCH 2, 2023

An organization that can undergo an outage of five days at no great cost is justified in having a high risk tolerance. An organization that would suffer a large impact as the result of an outage of two hours should be willing to tolerate very little risk. Where risk tolerance is high, controls can be relaxed.

Mitigation 73

Mitigation BCM Acceptable Risk Risk Management 73

MHA Consulting

JANUARY 18, 2024

Related on MHA Consulting: Sounds Like a Plan: The Elements of a Modern Recovery Plan Everyone reading this blog will know that the business continuity (BC) recovery plan is something organizations create to help them quickly restore their essential operations in the event of an outage, minimizing the impact on the company.

Outage 77

Outage Airlines Consulting Vulnerability 77

everbridge

OCTOBER 20, 2021

With so much reliance on electricity and computers, one outage can wreak havoc on your processes. How you will rapidly identify and remediate IT outages and disruptions. How Everbridge’s BCM Tools Can Support Manufacturing Organizations. The ramifications of a disruption can be catastrophic and potentially take years to rectify.

Manufacturing 97

Manufacturing Continuity Planning Business Continuity BCP 97

MHA Consulting

SEPTEMBER 14, 2023

In today’s post we’ll look at why organizations still need to be adept at IT disaster recovery (IT/DR) and describe the four phases of restoring IT services after an outage. Phase 1: Preparation Technically, preparation is not a phase of disaster recovery since it happens before the outage. Estimate how long the outage will last.

Disaster Recovery 52

Disaster Recovery Alternate Site Outage Capacity 52

MHA Consulting

FEBRUARY 1, 2024

Unprecedented outages occur all the time. Be prepared for pushback by people who say there’s no point in rehearsing a workaround because the primary method for doing that particular task will never go down. You might need to put on your teacher hat to help your colleagues understand why practicing manual workarounds is important.

Entertainment 98

Entertainment Business Continuity Activation BCM 98

MHA Consulting

JANUARY 25, 2024

This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. It focused on identifying the most critical business processes and developing plans to keep those processes going or quickly restore them in the event of an outage.

BCM 92

BCM Business Continuity Resilience Outage 92

IT Governance BC

FEBRUARY 12, 2019

BCM (business continuity management) is a form of risk management that deals with the threat of business activities or processes being interrupted. In addition to enabling an organisation to operate despite a disaster, effective BCM can help protect corporate reputation and revenue during troubled times. Business continuity management.

Disaster Recovery 78

Disaster Recovery BCM Business Continuity Retail 78

BCM METRICS

NOVEMBER 3, 2022

The scenario was, “A regional internet outage has occurred; you have no internet access to the outside […]. Because technology is vulnerable to disruption—and disruptions are on the rise—every organization should devise manual workarounds for its critical business processes.

Internet 72

Internet Healthcare Outage Vulnerability 72

SRM

MARCH 25, 2020

Examining the key business processes that exist within an organisation and the impact of IT downtime on that business (outage impact), the BIA looks at the key assets in terms of recovery point objectives (RPOs) and recovery time objectives (RTOs). Business Continuity Management (BCM). Business Continuity Plan Checklist .

Continuity Planning 52

Continuity Planning Business Continuity BCP BCM 52

MHA Consulting

APRIL 20, 2023

Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. BC departments that “speak risk” tend to get more of a hearing, more traction, and more resources. Second, using the risk maturity model pays. I’ve seen it here at MHA and over and over again at our clients.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. BC departments that “speak risk” tend to get more of a hearing, more traction, and more resources. Second, using the risk maturity model pays. I’ve seen it here at MHA and over and over again at our clients.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

JUNE 8, 2023

Most of these have had demonstrable impacts on the practice of business continuity management (BCM), rendering some traditional practices obsolete and ushering in new concerns and techniques. It’s interesting to look at BCM practices that have fallen into disuse or are no longer regarded as beneficial or sufficient.

BCM 84

BCM Business Continuity Disaster Recovery Internet 84

MHA Consulting

JUNE 1, 2023

The threat of utility or network outages. Threats posed by cyberattacks: ransomware, data theft, and the rest. Threats affecting access to one’s facilities caused by road construction, accident, or political unrest.

All-Hazards 83

All-Hazards Hazard Mitigation Business Continuity 83

MHA Consulting

FEBRUARY 23, 2023

Here are some examples of vulnerabilities that can exist at facilities even after risk mitigation controls have been implemented: The backup power source can provide only a fraction of the power needed to keep critical operations running in the event of an outage.

Mitigation 80

Mitigation Authorization Risk Management Vulnerability 80

Erwood Group

JANUARY 28, 2024

Local disruptions, such as power outages or supply chain issues, can have a significant impact, emphasizing the need for preparedness at every level. You can then use the Utility of your BCM program to effectively calculate the ROI of your program. Myth 14: Business Continuity is a Luxury for Profitable Organizations Only.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52

MHA Consulting

OCTOBER 26, 2023

Far from relieving organizations of the responsibility of recovering their IT systems, today’s cloud-based and hybrid environments make it more important than ever that companies know how to bring their systems back up in the event of an outage. Moreover, cloud-services providers are themselves susceptible to outages and failed recoveries.

Disaster Recovery 103

Disaster Recovery Outage BCM Application 103

MHA Consulting

DECEMBER 8, 2022

Related on BCMMETRICS: Don’t Give Up the Ship: Demonstrating the Benefits of Rigorous Crisis Management Training Benefits That Go Beyond BC The main purpose of a business continuity management (BCM) program is to help an organization get through disruptions with the least possible impact to its operations, reputation, stakeholders, and bottom line.

BCM 52

BCM Outage Impact Analysis Disaster Recovery 52

MHA Consulting

MARCH 21, 2024

However, BC practitioners have a critical role to play in ensuring their organizations are prepared to respond to data breaches and to extended system outages. In this context, perhaps the most important thing BC offices can focus on is ensuring their organizations develop robust manual workarounds for their critical patient-care activities.

Healthcare 52

Healthcare Hospitality Resilience Insurance 52

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Section 9 - BCM Program Maintenance. 2 – BCM Program Implementation. 9 – BCM Program Maintenance.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52